At the climate conference in Dubai, the Korean carmaker signed a memorandum of understanding with Korean partners to share best practice and encourage the development of a hydrogen ecosystem.
Like Toyota, Hyundai is not giving up on hydrogen. The industrial giant believes that it is a solution to fight climate change. Hyundai took advantage of COP28 to sign a memorandum of understanding with the Korean Ministry of the Environment, Korea Water Resources Corp, the Global Green Growth Institute (GGGI) and the SK E&S group.
The idea is to share the results of initiatives undertaken in South Korea with the international community. Hyundai wants to deploy a process that produces hydrogen from waste. And it is virtuous since it recycles organic waste, waste water and manure. The Group produces 500 kg of hydrogen a day using this method. According to Hyundai, it would be possible to install hubs to enable countries that do not have access to renewable energies to produce hydrogen.
Last June, at an investor day, Hyundai talked about a hydrogen toolbox to decarbonise industry in particular. Regarding mobility, Hyundai is focusing more on the battery, but it is not abandoning hydrogen for all that. As a matter of fact, the Korean manufacturer is continuing to develop the fuel cell.
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Article written by Laurent Meillaud and translated by Logan King
